20 Jan Doyle announces $100,000 loan to Eso-Technologies
Madison, Wis. – Eso-Technologies, a Hartland-based medical device company, will receive a $100,000 Technology Venture Fund loan from the Wisconsin Department of Commerce.
The award was announced by Gov. Jim Doyle, who also said Eso-Technologies has been certified by Commerce as a Qualified New Business Venture eligible for early stage and angel investment under Act 255.
Eso-Technologies, founded in 2007, is developing new technologies to monitor cardiovascular function. The company has developed a monitoring device that is less invasive and more effective than the existing products like pulmonary catheters.
The company will use the Commerce loan for prototype development and clinical trials.